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Invest in your survival before it's too late!
"I bought a full roll of Silver American Eagles with my "stimulus payment." The US Dollar is going to continue to decline, meaning the dollar you have today will be worth, say, 90 cents (or less) in a year. The only way to avoid losing your hard-earned money is to convert it to Silver (or Gold) metal. And have that metal in your hand (not in a "safe deposit box"). Gas is going up, food is going up, pretty much everything except your wages is going UP. Silver and Gold will also rise as the worthless paper "money" (Federal Reserve Notes) goes down."
John Keller, 37
Talmage, CA
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Comments
Wow, you actually think a Federal Reserve Note will be worth $0.90 in a year? As you can see at the gas pump, it is already only worth about an eighteenth of an ounce of silver.
Nice purchase, by the way. I bet this is not what GWB expected you to do with it.
Posted by: bob Jun 9th, 06:47
Honestly, I believe a Federal Reserve Note might be worth more like NINE cents next year! But I said "$0.90" because most people who believe the lying media would find the more likely figure "not credible."
I'm sure the District of Corruption expected me to blow it on worthless made in China merchandise or maybe a vacation. Sorry, boys, I'm not stupid. :-)
Posted by: John Keller Jun 11th, 14:01
Smart move.Hold on to them for the next 6-10 years and when CNBC features commodities,sell.And this is very important,once you have made the investment,now you have to plan when u book profits.There is no hurry,there are many years for the commodity bull market to go but when it ends it will fall off the cliff like in the 80s.
Posted by: Thomas George Jun 20th, 07:47
Unless you got a really small rebate check, you got robbed. That's what, $300 of silver? I collect coins, and it never ceases to amaze me what bullion investors will buy. Next time, you might want to consider buying bullion coins that also have scarcity (as in low mintage numbers). That way, even when the commodity bursts, your still left holding something with value. I would suggest US Philippine Pesos, especially early date ones (pre 1907 had higher silver content) and late issues (post 1909, production tapered off sharply). They're beautiful coins too!
Posted by: George Morris Jun 20th, 15:12
You sir, Rock to the highest power.
I recommend to every American to seriously consider what would happen if the purchasing power of their lifetime savings(aka retirement funds) drops 50% over the next 10 years.
I really do think it's coming.
Posted by: John Jun 30th, 17:21